Properly Reporting Giftshttp://www.lexisnexis.com/legalnewsroom/estate-elder/b/estate-elder-blog/archive/2012/06/08/properly-reporting-gifts.aspxAs 2013 approaches, there will be a flurry of activity by wealthy individuals seeking to take advantage of a gift tax exemption of $5,120,000, that will decrease to only $1 million in 2013. Taxpayers often gift closely held business interests or realen-US6.x Production